DA Davidson Has Optimistic Outlook of ACLS FY2025 Earnings

Axcelis Technologies, Inc. (NASDAQ:ACLS) – DA Davidson boosted their FY2025 earnings per share (EPS) estimates for Axcelis Technologies in a research report issued to clients and investors on Wednesday, November 5th. DA Davidson analyst T. Diffely now expects that the semiconductor company will post earnings per share of $3.65 for the year, up from their previous forecast of $3.54. DA Davidson has a “Buy” rating and a $110.00 price target on the stock. The consensus estimate for Axcelis Technologies’ current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Axcelis Technologies’ Q4 2025 earnings at $0.98 EPS.

Several other analysts have also commented on ACLS. B. Riley dropped their target price on Axcelis Technologies from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday. Wall Street Zen upgraded Axcelis Technologies from a “hold” rating to a “buy” rating in a research report on Sunday. Zacks Research downgraded Axcelis Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Axcelis Technologies in a research report on Wednesday, October 8th. Finally, Benchmark upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research report on Thursday, October 2nd. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Axcelis Technologies currently has an average rating of “Hold” and a consensus price target of $98.80.

Axcelis Technologies Stock Up 4.9%

Axcelis Technologies stock opened at $84.45 on Thursday. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 17.27 and a beta of 1.75. Axcelis Technologies has a 52 week low of $40.40 and a 52 week high of $102.93. The business’s 50-day moving average price is $86.16 and its 200 day moving average price is $73.78. The company has a quick ratio of 4.26, a current ratio of 6.01 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS) last posted its earnings results on Monday, April 21st. The semiconductor company reported $1.71 EPS for the quarter. The firm had revenue of $252.42 million for the quarter. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%.

Institutional Investors Weigh In On Axcelis Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC boosted its holdings in Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 267 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Axcelis Technologies by 50.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 481 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 161 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Axcelis Technologies during the first quarter worth about $38,000. Finally, Parallel Advisors LLC lifted its position in shares of Axcelis Technologies by 129.0% during the second quarter. Parallel Advisors LLC now owns 545 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 307 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.